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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 4015 Introduced in Senate (IS)]

<DOC>

118th CONGRESS
  2d Session
                                S. 4015

 To temporarily suspend duties on imports of titanium sponge, and for 
                            other purposes.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             March 21, 2024

    Ms. Cortez Masto (for herself, Mrs. Blackburn, Mrs. Capito, Mr. 
Manchin, and Mr. Tillis) introduced the following bill; which was read 
             twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL

 
 To temporarily suspend duties on imports of titanium sponge, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Securing America's Titanium 
Manufacturing Act of 2024''.

SEC. 2. TEMPORARY SUSPENSION OF DUTIES ON IMPORTS OF TITANIUM SPONGE.

    (a) In General.--During the period described in subsection (b), and 
except as provided by subsection (c), imports of titanium sponge 
classified under subheading 8108.20.00 of the Harmonized Tariff 
Schedule of the United States shall enter the United States free of 
duty.
    (b) Period Described.--The period described in this subsection is 
the period--
            (1) beginning on the date that is 30 days after the date of 
        the enactment of this Act; and
            (2) ending on the earlier of--
                    (A) December 31, 2031; or
                    (B) the date on which the President terminates, 
                under section 3(a)(3), the duty-free treatment of 
                titanium sponge under subsection (a).
    (c) Exception.--The rate of duty provided for in column 2 of 
subheading 8108.20.00 of the Harmonized Tariff Schedule of the United 
States on the day before the date of the enactment of this Act shall 
continue to apply with respect to imports of titanium sponge from 
Belarus, Cuba, North Korea, and the Russian Federation during the 
period described in subsection (b).

SEC. 3. AUTHORITY TO TERMINATE DUTY-FREE TREATMENT BASED ON MONITORING 
              OF TITANIUM SPONGE MARKET AND NATIONAL SECURITY 
              CONDITIONS.

    (a) Authority To Terminate Suspension of Duties.--
            (1) In general.--Not later than 3 years after the date of 
        the enactment of this Act, and annually thereafter until the 
        end of the period described in section 2(b), the President 
        shall determine whether the production of titanium sponge in 
        the United States is sufficient to meet the national security 
        needs of the United States.
            (2) Consultation period.--Before making a determination 
        required by paragraph (1), the President shall provide for a 
        period of 60 days during which stakeholders may submit comments 
        relating to the determination.
            (3) Effect of positive determination.--If the President 
        determines under paragraph (1) that the production of titanium 
        sponge in the United States is sufficient to meet the national 
        security needs of the United States, the President shall 
        terminate the duty-free treatment of titanium sponge under 
        section 2, effective on the date that is one year after the 
        date of the determination.
    (b) Authority To Modify Increase Duties.--
            (1) In general.--The President may, notwithstanding section 
        2(a) and upon consideration of the factors described in 
        paragraph (2) and subject to paragraph (3), proclaim increases 
        in the rate of duty applicable to titanium sponge classified 
        under subheading 8108.20.00 of the Harmonized Tariff Schedule 
        of the United States.
            (2) Consideration of certain market and security 
        conditions.--In determining whether to proclaim increases in 
        the rate of duty applicable to titanium sponge under paragraph 
        (1), the President shall consider the following:
                    (A) Increases in imports of titanium sponge from 
                countries specified in section 4872(d)(2) of title 10, 
                United States Code.
                    (B) Increases or decreases in domestic production 
                of titanium sponge.
                    (C) Increases or decreases in domestic production 
                of titanium products downstream from titanium sponge.
                    (D) Trends in employment in titanium sponge and 
                titanium product industries.
                    (E) The impact of titanium sponge market conditions 
                on national security.
            (3) Maximum rate of duty.--The President may not increase 
        the rate of duty applicable to titanium sponge under paragraph 
        (1) to a rate that exceeds the bound rate set pursuant to the 
        commitments of the United States as a member of the World Trade 
        Organization.
                                 <all>
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